Raymond Realty forays into Mumbai with luxury home project

2 months ago 104

Raymond Realty, the real estate arm of Raymond Group, has announced its entry into the Mumbai market with ‘The Address by GS, Bandra’, a luxury residential project.

The project will come up through joint development agreements (JDAs) with the land owners on 2.74 acres.

The project, targeted at gated community, will offer a diverse mix of 2, 3, and 4 BHK apartments along with 30 amenities including a 16,000 square feet clubhouse. It will also have a high-street retail space, the company said, adding, “this project also promises substantial economic returns, with projections indicating a revenue generation over ₹2,000 crore.”

“The Address by GS, Bandra is a significant milestone in our growth journey as this is our first project beyond Thane. This project will further expand and solidify our commitment to provide premium living spaces that exceed the expectations of our discerning customers,” said Gautam Hari Singhania, CMD, Raymond Group.

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